Issuance of temporary certificates of occupancy. A temporary certificate of occupancy may be granted prior to the completion of construction for a period not to exceed 90 days, provided that all structural work is completed, all permits relating to sewage and water have been obtained and filed with the Borough, a zoning permit has been issued, and all permit fees have been paid, and provided further that the person seeking the temporary certificate posts with the Borough, pursuant to an escrow agreement in a form satisfactory to the Borough Solicitor, sufficient funds to complete the construction and all required improvements, construction, grading, etc. The Borough Code Official and the Zoning Officer must approve all temporary certificates.